The Swamp

Yeah that may be true. I may invest 6$ to make 3$ this year. The second year I may break even. But in year 4 I may be up 6 bucks. You have to compare apples to apples. Are the other countries spending nothing? If A country saves money not building roads, or educating its people. How will it grow?

I like the old analogy about the turtle on the fencepost. The turtle didnt get their on its own.

fair point..
only the future will tell if the investments were well spend,
but if the us gets a socialist government then the outlook isn't so bright
then you will have nominal gdp growth but not real..

no i meant, without it the us would be down -3% gdp this year...
1 dollar spent by government is 1 dollar gdp..
so i guess the "private" sector of the economy isn't doing so great

I think you got a bad info source. Look at other sources.

do the math,
without the huge government subsidies/investments..the private sector would be in deep recession

what other sources do you recommend then?

statistics without a political view. Math dont lie comparisons. Like if the u.s. is spending 6 to make 3. What are others doing to make 3. Does the 3 continue or die. If I spend 6 today on a bridge or a highway. Does it work out in the future? The u.s. started building interstate highways with Eisenhower in the 1950S. We still spend on maintaining/expanding these roadways. They still contribute to GDP 70 years after started. The same with waterways Like Suez and Panama canals. The money spent in the past has long been paid for in + GDP. That future GDP pays for the past. If you told Buffet he could spend 6$ today and get it back in 4 years. After get 3$ back for life and maybe more with inflation. What would he do? Sure there is some added interest cost excluded. Governments are not a business that thinks in 4 years. The money spent today has a multiplier in the future GDP. The countries who stagnate dont have expansion. If thats good or bad depends on the perspective. Do you want to live in the modern world? Or is Mayberry your choice?. I'm fine with Mayberry. The realistic side is Mayberry with its one traffic light. Ensures it will expend. In most parts of the U.S, if one could go back 30/50 years. Entire towns are taking over the old farms or Ranches. In good locations the smaller 1960/70s houses are torn down for a new larger home. It's called progress. Man is a disease earth has. We like to breed and own things. All politicians do is feed that. They tell us how better life will be with them incharge. So they have to deliver with a new shiny stadium or whatever. So we can watch football, drink beer, and eat hotdogs in AC. So later we can build a new wing on the local hospital. To take care of our fat ass. Its the circle of life. S Jobs had it all figured out. Sell them what they dont know they need yet.
The private sector sells all the crap needed.

Thank you for your presentation/description. I appreciate the effort.

The last time price here, was Christmas Eve week last year. (Dec 29). The year closed at 1037 using Oanada. Later on Dec 29.

The week chart shows the past actions here. What it does next is unknown. Something seems to be happening here.

The last time Gold was this overextended was during covid. That first leg was near 400$.

The gold overextension is on a month chart

Some day stall on gold.
This may be a hangman on the day.

I took a shot on a gold short. I may of should of waited for 2528. It very bullish. 2528 has some potential as R to me. Its never been here in the past. So I'm likely wrong.
ATH atm at 2527.10

ATH atm 2528.71 now.
I know its over extended on the month. I think it may need 2350.x to balance

ATH atm 2829.26

Gold has broke the range 2353-2483 and from ABCD pattern, 2533.95 level might be reached. Is it a trap of buyers? If not, there is an upper TL around 2570-2575.

I dont know. If you buy some physical gold and put it in you pocket. Its no longer demand. It more neutral. And if it rises more, it temps some to sell it at a higher price..I dont know the answer to when or if it will fall some. Who knows what happens with Russia. And world sentiment on war and gold prices. On both sides of price. Some may be hoarding out of fear. Some may be selling it to pay for a war. On the month price is above an average move. I see a little dynamic R that alone dont mean much. I see a possible balance at 2350.x.. These alone dont mean much. As a combination they have just a little more weight. I risked a small position on reaching 2350ish. Its based on this 2528 dynamic area holding. It may not hold. It may take the 0.10% out my account. Now or later I need pa below 2521 to start.